Market wraps 19th February 2021

Weekly Wrap 19 February

The Aussie share market hit a new yearly high, for the fourth week in a row, after lifting 1.2% (Mon-Thu). The rally has been spurred on by positive economic news, like the unemployment rate falling to a nine-month low.

In this week’s wrap, Jessica covers:

  • (0:58) Materials sector rising 4.2% on stronger than expected company results and dividends
  • (1:15) EML Payments’ (ASX:EML) shares charging on record revenue
  • (2:43) The underdogs of 2020 shining this reporting season
  • (3:50) What the rising Aussie dollar means for investors…
  • (4:43) How the oil price climb could affect your portfolio